M-KOPA | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
M-KOPA is a UK-headquartered fintech company focused on providing affordable smartphones and digital financial services to underserved...
M-KOPA is a UK-headquartered fintech company focused on providing affordable smartphones and digital financial services to underserved individuals in emerging markets. With operations in several African countries, M-KOPA has extended over $1.5 billion in credit to more than 5 million customers through an innovative financing model that allows for daily repayments. The company leverages payments data and AI-driven analytics to build credit records for customers, facilitating access to digital loans, data subscriptions, and insurance.
Website
Size
1001-5000 employees
Industry
Financial Services
Specialities
smartphones, fintech, digital finance, technology, financial inclusion, digital connectivity, emerging markets, e-mobility, impact
🛍️ M-KOPA Product and Pricing News →
👔 M-KOPA CEO, Management and Leadership Team →
⚔️ M-KOPA Alternatives and Competitors →
💼 M-KOPA Hiring and Layoffs →
🤖 M-KOPA Developer, Integration and Automation News →
📈 M-KOPA Financials, Fundraising and Valuation News →
🛍️ M-KOPA Product and Pricing News
- M-KOPA is providing street vendors in Kenya with access to credit using Azure ML for forecasting.
- M-KOPA now offers financing for energy solutions and asset purchases to SMEs in Kenya and Uganda.
- M-KOPA is one of the asset finance startups gaining a foothold in Kenya's growing buy now pay later sector.
- M-KOPA has introduced the M-KOPA S34 smartphone featuring 4GB RAM, 64GB ROM, a 5000mAh battery, and Android 14TM.
- M-KOPA, led by Regional Manager Nana Kwame A. Essuman, is enabling digital inclusion in Africa's agricultural sector by offering affordable mobile phones through flexible financing options.
- M-KOPA, a Kenyan digital financial services company, has integrated advanced IoT technologies into its micropayments service, improving processing speed to 500 payments per minute and reaching 3 million people across Africa.
- M-KOPA is among the BNPL providers in Kenya facing scrutiny from regulators and lawmakers due to complaints about predatory lending practices.
- M-KOPA is reportedly collaborating with HMD Global to release the M-Kopa X30 smartphone with a 720p display, Unisoc T612 chipset, and a 50MP front camera, exclusively in Ghana, Kenya, Nigeria, South Africa, and Uganda.
👔 M-KOPA CEO, Management and Leadership Team
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Product Director
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Director of Mobility[email protected]
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Director of Engineering[email protected]
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CEO and co-founder[email protected]
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Chief Technology Officer[email protected]
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Chief Product Officer[email protected]
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Chief Commercial Officer M-KOPA[email protected]
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Customer Care Executive[email protected]
⚔️ M-KOPA Alternatives and Competitors
- Lumos |
- Fido Money Lending |
- Asaak |
- Rensource Energy |
- Messenger |
- MarketForce |
- d. light |
- Bboxx |
- Tugende |
- Apple Capital |
- ZOLA Electric |
- Clean Fund |
- EAM Solar |
- Philux Global Group |
- TradeDepot
💼 M-KOPA Hiring and Layoffs
- Rajeev Suri has joined M-KOPA as the new Board Chair, bringing his experience in technology companies to guide the company's growth.
- M-KOPA has restructured its board, changing several roles from 'Investor Director' to 'Non-Executive Director' and adding specific titles for Rajeev Suri and Katsuya Kashiki.
- Adiba Ighodaro has joined M-KOPA as a Non Executive Director in the United Kingdom, previously holding a position at another company.
- Elvin Rotich has joined M-KOPA as a Channel Support Officer in Kenya, previously holding a position at another company.
- Goodness Caleb Ibeh transitioned to an Information Security Engineer role at M-KOPA in 2024.
- M-KOPA's team in Kasoa held discussions to plan for 2025.
- Millicent KGARE has joined M-KOPA as a Senior Sales Executive.
- Faderr Johm has joined M-KOPA as a Senior Product Manager in Nairobi County, Kenya, previously serving as a Senior Product Lead at Hello Tractor.
🤖 M-KOPA Developer, Integration and Automation News
- M-KOPA partners with Samsung to offer flexible payment plans for the Galaxy A16 5G and Galaxy A06 smartphones in Kenya.
- M-KOPA has partnered with Standard Bank Group to enhance service to underserved markets.
- M-KOPA increased its female customer base from 28% in 2020 to 40% in 2024 and is partnering with Yale Inclusion Economics, Caribou Digital, and Learn.Ink to further support women's access to financial and digital products.
- M-KOPA partnered with a telecommunications company, Meta, and Google to add five new devices to the Lipa Mdogo Mdogo initiative, enabling low-income users to buy 4G smartphones with daily payments of $0.20.
- M-KOPA uses Scale's platform to optimize its supply chain management.
📈 M-KOPA Financials, Fundraising and Valuation News
- M-KOPA has deployed over $1 billion in credit to underbanked individuals, with 42% of their customers being first-time smartphone users, highlighting their impact on financial inclusion.